B2En Co., Ltd. announced a private placement of 7,466,401 common shares at a price of KRW 2,009 per share for the gross proceeds of KRW 14,999,999,609 on September 12, 2023. The transaction will include participation from new investor B2en No.2 Purpose Acquisition Co., Ltd. The shares are restricted to a hold period of 1 year. The transaction has been approved by the shareholders of the company.

The transaction is expected to close on April 11, 2024.